RAMO, INC. v. ENGLISH

No. B-3202.

500 S.W.2d 461 (1973)

RAMO, INC., et al., Petitioners, v. H. E. ENGLISH et al., Respondents.

Supreme Court of Texas.

Rehearing Denied November 14, 1973.


Attorney(s) appearing for the Case

Clark, Thomas, Harris, Denius & Winters, Donald S. Thomas, Sander W. Shapiro and Mary Joe Carroll, Austin, for petitioners.

Johnson, Bromberg, Leeds & Riggs, Louis P. Bickel, Muse, Currie & Kohen, Ralph Currie, Burford, Ryburn & Ford, Logan Ford and J. Dan Bohannan, Jackson, Walker, Winstead, Cantwell & Miller, J. Robert Norris, Jr., Dallas, for respondents.


WALKER, Justice.

We are concerned here with the construction and application of certain provisions in instruments exchanged by the buyers and sellers when the stock of a motor freight transportation company was sold several years ago. The sellers are seeking to accelerate the maturity of notes given as part of the purchase price, while the buyer is attempting to prevent acceleration and to recover damages for alleged breaches of warranties made by sellers in connection...

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